{"id":70127,"date":"2022-11-16T09:44:15","date_gmt":"2022-11-16T07:44:15","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=70127"},"modified":"2025-09-08T00:15:50","modified_gmt":"2025-09-07T21:15:50","slug":"japanese-bitcoin-exchange-liquid-suspends-withdrawals","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/japanese-bitcoin-exchange-liquid-suspends-withdrawals\/","title":{"rendered":"Japanese Bitcoin exchange Liquid suspends withdrawals"},"content":{"rendered":"<p>Liquid, the Japanese bitcoin exchange owned by FTX, suspended withdrawals in both crypto assets and fiat currencies.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States.<\/p>\n<p>Until further notice we would suggest to not deposit either FIAT or Crypto<\/p>\n<p>We will provide updates when available.<\/p>\n<p>\u2014 Liquid Global Official (@Liquid_Global) <a href=\\\"https:\/\/twitter.com\/Liquid_Global\/status\/1592458596750856192?ref_src=twsrc%5Etfw\\\">November 15, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u00abUntil further notice, we advise against depositing fiat or crypto,\u00bb the statement said.<\/p>\n<\/blockquote>\n<p>The exchange team said the move was related to <a href=\"https:\/\/forklog.com\/en\/news\/ftx-group-files-for-bankruptcy-sam-bankman-fried-resigns-as-ceo\">filing for bankruptcy by the FTX Group<\/a> under Chapter 11 of the U.S. Bankruptcy Code. Liquid pledged to publish further information as it becomes available.<\/p>\n<p>In February, FTX <a href=\"https:\/\/forklog.com\/en\/news\/ftx-agrees-to-acquire-liquid-the-bitcoin-exchange\">acquired<\/a> the Japanese crypto exchange and related entities. The deal also involved Singapore&#8217;s Quoine Corporation and Quoine Pte. The Quoine platform operating under the Liquid brand was among the first recipients of licenses from the <span data-descr=\\\"Financial Services Agency of Japan\\\" class=\\\"old_tooltip\\\">FSA<\/span> in 2017.<\/p>\n<p>In the summer, Sam Bankman-Fried&#8217;s company <a href=\"https:\/\/forklog.com\/en\/news\/ftx-opens-japan-unit-as-crypto-com-secures-dubai-license\">announced<\/a> the launch of a local subsidiary, rebranding Liquid as FTX Japan K.K.<\/p>\n<p>In November, the FSA ordered the local subsidiary <a href=\"https:\/\/forklog.com\/en\/news\/japan-regulator-orders-local-ftx-unit-to-suspend-operations\">to suspend operations<\/a> and move to a <span data-descr=\\\"users will be able to close positions, but cannot open new ones\\\" class=\\\"old_tooltip\\\">close-only<\/span> mode.<\/p>\n<p>Bankman-Fried, in an interview with the New York Times, expressed regret over the collapse of FTX and acknowledged that events <a href=\"https:\/\/forklog.com\/en\/news\/sam-bankman-fried-things-could-have-ended-far-worse\">could have played out in a more dramatic fashion<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liquid, the Japanese bitcoin exchange owned by FTX, suspended withdrawals in both crypto assets and fiat currencies.<\/p>\n","protected":false},"author":1,"featured_media":70128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1236,135,888],"class_list":["post-70127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ftx","tag-japan","tag-liquid"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=70127"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70127\/revisions"}],"predecessor-version":[{"id":70129,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/70127\/revisions\/70129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/70128"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=70127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=70127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=70127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}